19 Libra Street – Property Summary
Key Characteristics & Buyer Profile
This is a 1,520 sqft home built in 2020, situated on a 2,869 sqft lot in Winnipeg’s West Kildonan Industrial area. Its standout feature is its recent construction: city-wide, it ranks in the top 3% for year built, meaning nearly all other homes in Winnipeg are older. The living area is above average both on its street (top 17%) and city-wide (top 29%), while the assessed value of $385,000 sits slightly above street average but below the neighborhood average—suggesting good value relative to newer homes nearby.
The land area is generous for the immediate street (top 7%), but small compared to city-wide standards (bottom 9%), which is typical for newer infill developments where lot sizes are shrinking. The home’s appeal lies in its newness and efficient use of space, rather than acreage.
This property suits buyers who want a low-maintenance, modern home in a developing area, without paying a premium for a large yard. It’s a strong fit for first-time buyers, young families, or downsizers who prioritize updated finishes and energy efficiency over land size. Investors may also find it attractive due to the relatively low assessed value relative to newer stock.
Five Frequently Asked Questions
1. How does the assessed value compare to similar homes in the neighborhood?
It’s slightly below the neighborhood average of $442,900, ranking in the top 62%. This suggests the home is priced competitively for its age and size in West Kildonan Industrial.
2. Is the property in a flood-prone area?
The data provided does not include flood risk information. Buyers should check local zoning maps and speak with the municipality about drainage and flood history, especially given the smaller lot size and modern construction standards.
3. Why is the land area ranked so high on the street but low city-wide?
The street (Libra Street) has mostly compact lots, so 2,869 sqft stands out locally. But across Winnipeg, lot sizes are much larger on average (6,570 sqft), often in older, more suburban areas. This is a common pattern for newer infill homes.
4. What is the neighborhood like for amenities and commute?
West Kildonan Industrial is a mixed-use area with industrial and residential pockets. It’s convenient for highway access and close to retail along McPhillips Street. However, walkability may be limited—check proximity to schools and transit if that matters to you.
5. How reliable are the rankings and averages provided?
They’re based on comparable homes within the same street, neighborhood, and city, using assessed data. “Above average” and “top X%” are relative—meaning the home performs better than a certain share of peers. Bars and colors are for quick visual comparison, not precise financial advice. Always verify with a local real estate professional.